NOT LISTED FOR SALE

5581 Park Rd Fort Lauderdale, FL 33312

Estimated Value: $315,000 - $366,000

2 Beds
2 Baths
895 Sq Ft
$379/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $195,000 $218 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,253/month

33 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Hurricane or Storm Shutters
  • Newly Remodeled
  • Breakfast Area or Nook
  • Built-In Features

About This Home

As of May 2017

Enjoy the sunset view from this lovely one story lakefront villa! This meticulously cared for home includes a new A/C, updated granite counter tops, stainless steel appliances, updated bathrooms, covered patio, accordion hurricane shutters, tankless water heater, built-in in shelving and storage, security cameras and much more!

Last Agent to Sell the Property

Aaron Glassman

Glassman Real Estate Group Inc License #3084607 Listed on: 02/28/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1986 | Newly Remodeled

Lot Details

  • Lake Front
  • East Facing Home

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Villa
  • Property Attached

Interior Spaces

  • 895 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Florida or Dining Combination
  • Ceramic Tile Flooring
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504232430126

Community Details

Overview

  • Association fees include common areas, security
  • Twin Lakes Subdivision, Emerald Floorplan

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,224

Year Built

Built in 1986 | Newly Remodeled

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Year Built: 1986
  • Carport Y N: No
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Family/Dining Room, First Floor Entry, Main Living Area Entry Level, Pantry, Vaulted Ceiling(s)
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Tile
  • Living Area: 895.0
  • Stories: 1

Exterior Features

  • Exterior Features: Patio, Storm/Security Shutters
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front, Lake Privileges, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: New Construction

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space

Utilities

  • Security: Security System, Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 115.0
  • Senior Community: No
  • Amenities: None
  • Association #2 Fee: 115.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 504232430126

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1224.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
May 3, 2017
Sold by
Pachecho Gail and Pacheco Milton Eduardo
Bought by
Chi Janice B
Seller's Agent
Aaron Glassman
Glassman Real Estate Group Inc
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%
Current Estimated Value
$339,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,161
Avg. Annual Appreciation
7.40%
Original Mortgage
$185,250
Outstanding Balance
$156,406
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$195,778

Purchase Details

Closed on
Feb 13, 1997
Sold by
Harris Gail
Bought by
Harris Gail

Purchase Details

Closed on
Dec 1, 1986
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chi Janice B $195,000 A1 Title And Escrwo Inc
Harris Gail $100 --
Available Not $40,071 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chi Janice B $185,250
Previous Owner Pacheco Gail H $61,421
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $195,000 -4.9% $218 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $205,000 -- $229 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,367 $184,190 -- --
2024 $3,228 $179,000 -- --
2023 $3,228 $173,790 $0 $0
2022 $3,087 $168,730 $0 $0
2021 $3,053 $163,820 $10,010 $153,810
2020 $2,993 $162,860 $0 $0
2019 $2,927 $159,200 $0 $0
2018 $2,822 $156,240 $10,010 $146,230
2017 $1,245 $72,650 $0 $0
2016 $1,224 $71,160 $0 $0
2015 $1,228 $70,670 $0 $0
2014 $1,140 $70,110 $0 $0
2013 -- $83,050 $15,020 $68,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10055393

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-32-43-0126